Rare Is A Bust

In 2002, Microsoft paid $375 million to buy developer Rare the makers of the insanely popular N64 hits GoldenEye 007, Perfect Dark, and Banjo-Kazooie to name a few. The acquisition was a major blow to Nintendo at the time, and many analysts believed the move to be a very smart move for Microsoft.
Now six years and $375 million later Rare has still failed to produce results. In the three years that Rare has been developing games for the Xbox 360 Rare has only managed to generated just over $66 million combined domestically over those three years, according to the NPD Group.